$499,000
$50K PRICE DROP

1429 and 1431 W Deane St Fayetteville, AR 72703

Asbell Neighborhood

Estimated payment $3,015/month

Total Views 4,327
0.5 Acre
$998,000 Price per Acre
21,780 Sq Ft Lot

Highlights

  • 0.5 Acre Lot
  • Trails
  • 4-minute walk to Lewis Soccer Complex
  • Holt Middle School Rated A-
  • Level Lot

About This Lot

1429 and 1431 sold as one for $499,000. Calling all investors!!!! Are you looking for your next goldmine, well here it is on this total .5 +/- acre lot in prime location to build new investment properties. Just up the street from the new Fayetteville Police Department and 2 minutes to I-49. The University of Arkansas is about 4-5 minutes away, so this would be an excellent opportunity to build student homes, duplexes or townhomes. Currently zoned RSF-4, so will need to work with the city to rezone to add more doors, but zoned RSF-8 about 100 yards down street on Deane.Total price, .50 +/- acres and total taxes in this listing is the total price, acreage and taxes are for both properties together, must be bought together and price is for both homes together and the .5 acre lot.Tenant occupied. Please do not bother tenants, do not knock on doors and no inside showings please until under contract. Value is in the land. Tenant is month to month, but would stay until new owner is ready to demolish homes.

Last Listed By

Ryan Hill

The Virtual Realty Group Brokerage Phone: 479-422-2935 License #PB00061501 Listed on: 03/08/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,659

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Listing and Financial Details

  • Tax Lot 4

Community Details

Overview

  • Reinheimer Sub Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$2,659

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.5
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Reinheimer Sub
  • Directions: From Garland turn west on Deane Street and property is down on the left. No sign. Just up the street from the new Fayetteville Police Department.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Attribution Contact: 479-422-2935
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Other, See Remarks, Level
  • Topography: Level,Other,SeeRemarks

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Biking, Sidewalks, Trails/Paths
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Additional Parcels Description: 765-10069-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2659.0
  • Tax Block: -
  • Tax Lot: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 Price Changed $499,000 -9.1% --
03/08/2025 03/08/25 For Sale $549,000 -- --
Source: Northwest Arkansas Board of REALTORS®

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Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1300618

Northwest Arkansas Board of REALTORS®